England and Wales

Prof Lorna Fox O'Mahony, Dr James Devenney and Dr Mel Kenny

in Regulating Unfair Banking Practices in Europe

Published in print August 2010 | ISBN: 9780199594559
Published online January 2011 | e-ISBN: 9780191595714 | DOI:
England and Wales

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This chapter discusses suretyship contracts in English and Welsh banking practice. Topics covered include commercial suretyships and consumer suretyships, suretyships and indebtedness of individuals and families, unfair suretyships of non-professional guarantors, laws for surety protection, impact on the guarantor's position of changes in the debtor-creditor relationship, the most effective means of protection for non-professional sureties, and proposals to improve the protection of non-professional sureties.

Keywords: English banking; Welsh banking; suretyships; debtors; creditors; guarantors; surety protection; consumer protection law; obligations and contracts; family law

Chapter.  21725 words. 

Subjects: Comparative Law

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